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v3.25.1

Statements of Cash Flows - USD ($) |  | 12 Months Ended
--- | --- | ---
Dec. 31, 2023 | Dec. 31, 2024
Cash flows from operating activities: |  |
Net income (loss) | $ (3,680) | $ 502,638
Adjustments to reconcile net income (loss) to net cash used in operating activities: |  |
Dividend income earned in cash and investments held in trust account |  | (789,076)
Change in operating assets and liabilities: |  |
Prepayments |  | (50,485)
Accrued expenses | 3,680 | 61,317
Net cash used in operating activities |  | (275,606)
Cash flows from investing activities: |  |
Proceeds deposited in Trust Account |  | (60,300,000)
Net cash used in investing activities |  | (60,300,000)
Cash flows from financing activities: |  |
Proceeds from public offering, net of offering costs |  | 58,659,797
Proceeds from private placement |  | 2,500,000
Capital contribution paid |  | 25,000
Proceeds from promissory note - related party |  | 173,000
Repayment to related party under promissory note |  | (173,000)
Advance from related party |  | 60,059
Net cash provided by financing activities |  | 61,244,856
NET CHANGE IN CASH |  | 669,250
CASH, BEGINNING OF PERIOD |  |
CASH, END OF PERIOD |  | 669,250
Non-cash investing and financing activities |  |
Deferred offering costs paid by related party |  | 108,663
Initial classification of ordinary shares subject to possible redemption |  | 56,232,427
Allocation of offering costs to ordinary shares subject to possible redemption |  | 2,661,858
Accretion of carrying value to redemption value |  | 6,729,431
Subsequent remeasurement of ordinary shares subject to possible redemption |  | 789,076
Accrued underwriting compensation |  | $ 1,500,000

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